Ondas, Inc. ONDS Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 44.8%+5.1pp | 39.7%+6.2pp | 33.6%-2.1pp | 35.7%+15.1pp | 20.6%+15.8pp | |
| Operating margin | -93.9%+21.2pp | -115.1%+61.0pp | -176.1%+51.6pp | -227.7%+103pp | -330.9%+150pp | |
| Net margin | 253.3%+514pp | -260.7%-88.1pp | -172.5%+105pp | -277.4%+113pp | -390.8%+138pp | |
| EBITDA margin | -92.4%+20.8pp | -113.2%+59.9pp | -173.1%+43.5pp | -216.6%+88.7pp | -305.3%+124pp | |
| Free cash flow margin | -89.6%-9.2pp | -80.4%+59.4pp | -139.8%+57.8pp | -197.6%+110pp | -307.8%+180pp | |
| Returns | ||||||
| Return on equity | 44.5%+103pp | -58.2%-41.2pp | -17%+64.2pp | -81.2%+75.8pp | -157%-4.1pp | |
| Return on assets | 19.2%+40.5pp | -21.3%-7.7pp | -13.5%+94.9pp | -108.5%-65.4pp | -43.1%-5.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.1×0.0× | 0.1×0.0× | 0.1×-0.3× | 0.4×+0.3× | 0.1×0.0× | |
| Inventory turnover | 2.4×+0.5× | 1.9×+0.4× | 1.5×+0.3× | 1.3×+0.1× | 1.2×+0.1× | |
| Liquidity | ||||||
| Current ratio | 10.9×+6.1× | 4.8×-10.5× | 15.3×+12.4× | 2.9×+2.0× | 0.9×-0.1× | |
| Quick ratio | 10.7×+6.0× | 4.7×-10.2× | 14.9×+12.4× | 2.5×+1.9× | 0.7×-0.1× | |
| Cash ratio | 6.9×+2.8× | 4.2×-9.7× | 13.8×+11.7× | 2.2×+1.7× | 0.5×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0×0.0× | 0×-0.2× | 0.2×-1.2× | 1.4×-0.9× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×-13,090,083× | 13,090,083.2×+13,090,083× | 0.3×0.0× | |
| Interest coverage | -29.8×-20.9× | -8.9×-2.8× | -6.1×-1.2× | -4.9×+0.5× | -5.3×+4.2× | |
| Per Share | ||||||
| Book value per share | $2.33+17.8% | $1.97+5.6% | $1.87+210% | $0.60+143% | $0.25+4.7% | |
| Valuation | ||||||
| Market capitalization | $4.24B+14.4% | $3.71B+46.8% | $2.52B+784% | $285.5M+152% | $113.14M-48.3% | |
| Enterprise value | $3.22B+2.8% | $3.13B+48.8% | $2.1B+801% | $233.31M+89.1% | $123.36M-45.7% | |
| Price / sales | 43.9×-29.1× | 73×-28.9× | 102×+84.3× | 17.7×+7.2× | 10.5×-20.0× | |
| Price / book | 3.9×-4.5× | 8.5×+3.3× | 5.2×+2.0× | 3.1×-1.2× | 4.3×-8.9× | |
| EV / sales | 33.3×-28.4× | 61.6×-23.3× | 84.9×+70.5× | 14.5×+3.1× | 11.4×-20.2× | |
| Free cash flow yield | -2%-0.9pp | -1.1%+0.3pp | -1.4%+9.8pp | -11.2%+18.3pp | -29.4%-13.4pp | |
| Earnings yield | 5.8%+9.3pp | -3.6%-1.9pp | -1.7%+14.0pp | -15.7%+21.7pp | -37.4%-20.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Ondas, Inc. 's profit margins?
- Ondas, Inc. (ONDS) runs a 44.8% gross margin and a -93.9% operating margin, with a 253.3% net margin.
- Where do Ondas, Inc. 's ratios come from?
- Every ratio is computed from Ondas, Inc. 's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.